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Property profile & analytics
OFF-MARKET
Land

0 Investment Dr Knoxville, TN 37932

12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12-acre commercial development site is located within Knoxville's thriving Century Park, situated in the Pellissippi Corridor, a rapidly expanding submarket. The property boasts excellent visibility from Pellissippi Parkway, offering unparalleled access and exposure. Utilities are conveniently located at the property lines, and retention is already in place, streamlining the development process. This site presents a unique opportunity to build within a state-of-the-art office complex, home to several Fortune 500 companies. Century Park features a cutting-edge telecommunications infrastructure and an innovative architectural design. The location provides easy access to Knoxville's central business district (CBD) and McGhee-Tyson Airport, both within a 15-minute drive. This prime parcel is ideal for businesses seeking a strategic location within a high-growth area, offering significant potential for long-term success. While multi-family development is not permitted on this specific parcel, the site's size and location make it exceptionally well-suited for a variety of commercial projects. The property is strategically positioned at the intersection of Sherrill Boulevard and Dutchtown Road, providing convenient access to I-40/75. The land is priced at $425,000 per acre, representing a compelling investment opportunity in one of Knoxville's most sought-after commercial areas. The overall 80-acre development provides a robust and established environment for new businesses to thrive.

Property profile
Verified
Property type Land
Lot 12 ac (522,720 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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